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Essar Group, Desert Technologies ink pact for green steel solutions in Saudi Arabia
Metallurgical Industries - Sep 12,2023 -Essar Group, an Indian multinational company, has established a long-term relationship with Desert Technologies (DT) on Monday, September 11.
On September 11, the parties agreed to work together to develop solutions and storage for Essar Group's Green Steel Arabia (GSA) project in the Kingdom of Saudi Arabia (KSA).
This project, along with upcoming projects, will put Saudi Arabia on the map as a pioneering country in green steel production and green energy generation, as per the press release.
“Desert Technologies's MoU with Essar signifies our long-term commitment to meet the growing demand for renewable energy solutions; especially in the KSA. Its solutions in renewable energy sector, price competitiveness and low carbon footprint solutions will further boost the growing low CO2 emission steel industry," CEO of DT Investments, Khaled Sharbatly said.
Company : Essar GroupDesert Technologies
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